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20121002
20121010
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jobs were add in july and august that government auditor didn't notice in the beginning. they revised their numbers. actually, july, august were stronger than expected to the tune of 86,000. 7.8% unemployment rate. what does that mean? the best since january 2009. when we dig within these numbers, carol, we can also see that some 418,000 people entered the workforce in the month. they are feeling a little more confident about things. either that or they've been out of the workforce for so long they've got to try to get in and get a job. you've got more people coming into the workforce. overall, 114,000 jobs created. they were in health care, transportation and government jobs. government jobs, three months in a row now. we've been seeing government layoffs for many, many, many months in a row. government jobs, transportation warehousing and we've been seeing -- everything else is pretty much flat in terms of job categories. the headline, carol, 7.8% is the unemployment rate. one more jobs report until the election. >> okay. so the political implications of this already coming in. in f
say it was at the expense of a lot of infrastructure in the country and basically the government was taking the oil profits and trying to redistribute it and not spending in a very efficient way. it's hard to believe, this country still has huge infrastructure problems. you look around sometimes, anything from medical to the roads to schools, and it still has a ways to go even though it had all of that oil wealth. >> what is the explanation behind that? that's a big contradiction. >> it is a big contradiction, and you know, hugo chavez has been in power for a long time. says look, it takes time. that's my explanation. if you look at the indicators, yes, people in extreme poverty, he has been able to bring down the numbers. at the same time, his challenger, a 40-year-old man, lawyer, comes from the elite but says he will work for the poor. says look, this country has not been running its economy well, and chavez, it's really going to be a cliffhanger in the end to see which they side with. chavez has a cult following with some, but many analysts say his popularity has waned especi
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